HECLA MINING CO/DE/ (HL) Form 8-K — Aug 4, 2026

$HLForm 8-KItems 2.02, 8.01, 9.01Filed Aug 4, 2026, 5:04 PM ET0001193125-26-333077Original filing

Hecla Mining reported second quarter 2026 revenue of $334 million and income from continuing operations of $118 million, or $0.18 per share, with cash flow from continuing operations up 61% year-over-year to $175 million and free cash flow more than doubling to $136 million. Adjusted EBITDA from continuing operations of $199 million more than doubled from $93 million in Q2 2025. The company redeemed its remaining $263 million of 7.25% Senior Notes during the quarter and ended June debt-free excluding finance leases, holding $483 million in cash with a fully undrawn $225 million revolver — a position management called the strongest balance sheet in Hecla's history.

Key figures

Eps: $0.18 basic / $0.17 diluted (continuing operations, after preferred dividends)
Revenue: 333851000
Guidance: FY2026 consolidated silver production 15.1-16.1 Moz (revised from 15.1-16.5 Moz); Greens Creek raised to 8.0-8.3 Moz; Lucky Friday 4.9-5.2 Moz; Keno Hill cut to 2.2-2.6 Moz; total silver cash cost ($4.00)-($3.75)/oz and AISC $12.50-$13.50/oz (both lowered); total capital $208-223M; exploration/pre-development $55M; 2H26 assumptions gold $4,000/oz, silver $55.00/oz
Net Income: 117876000
Total Debt: 7563000
Revenue Yoy: +52% vs Q2 2025 revenue of $218,992 thousand (computed from stated figures)
Total Assets: 3185277000
Cash Position: 483482000
Shares Outstanding: 680926000
Ytd revenue: $745.3 million vs $424.3 million YTD 2025
Silver aisc q2: $6.07/oz after by-product credits (excluding Keno Hill)
Free cash flow q2: $136 million from continuing operations, more than doubled YoY
Revolver capacity: $225 million fully undrawn revolver plus $75 million accordion option ($3.5 million used for letters of credit)
Adjusted ebitda q2: $199 million from continuing operations (vs $93 million in Q2 2025, more than double)
Lucky friday record: record quarterly silver production of 1.5 million ounces
Silver cash cost q2: ($8.10)/oz after by-product credits (excluding Keno Hill)
Silver production q2: 4.2 million ounces, up 8% from prior quarter
Senior notes redeemed: $263 million of 7.25% Senior Notes redeemed; company debt-free excluding finance leases
Operating cash flow q2: $175 million from continuing operations, up 61% YoY
Pyrite circuit potential: 1.0-1.2 Moz silver plus 10,000-15,000 oz gold incremental annual production once fully ramped
Common dividend per share: $0.00375, record date Aug 26 2026, payable on or about Sep 10 2026
Ytd income continuing ops: $282.5 million vs $51.2 million YTD 2025
Greens creek tailings value: ~$6.1 billion estimated in-situ gross metal value (51 Moz silver, ~600 koz gold) before processing costs
Preferred dividend per share: $0.875 Series B, record date Sep 15 2026, payable on or about Oct 1 2026

Price after filing

1 day: -3.3%7 days: +19.0%30 days: +39.1%

Close on the filing date to close N calendar days later (from $14.93). Historical, not a forecast.

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